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FOX Business
Mar 22, 2013 1:00pm EDT
, germany is facing elections six months away. so that's why they like the idea of the bank tax. you may see that or it may go away. the situation is very fluid. right now we're seeing depositers in cyprus with severe restrictions on their bank accounts. let's show you what is going on over there. this is out of cypriot parliament. when you see the level of detail you will essentially say to yourselves, wow, this situation is worse than we realized. do we have the full screen? let's show it. restrictions to stop money from flooding out of cyprus. you will see essentially basically withdrawal restrictions. ban on premature termination of cds. converting existing savings accounts into cds. restrictions on debt, credit, prepaid debit cards. i want to get to the final bullet point. this is what cyprus is saying, any measure the finance minister or governor of cyprus to stop movement of capital out of cyprus's banks. they're trying not to let the money flood out of the country. this is what we're seeing at this very hour. still talk of a solidarity investment fund where people from around the wor
FOX Business
Mar 20, 2013 11:00am EDT
have been what on the 10-year yield? how far would have gone a year ago? >> after the greek elections you have a blowout in the spanish bond market, dropping to 125. dagen: in terms of cyprus, that situation is not resolved the parliament voting down that haircut europe was demanding on those deposits, but why is that risk not worth worrying about? >> i think the risk is worth worrying about. things the ecb has put in place going forward. if we were to escalate to the point cyprus would leave the monetary union, that is something but a plan b. in the works so we will wait and see. dagen: if interest rates go up even as much as you are talking about, is that a headwind for the stock market, you think, with the rally we have seen in the last couple of weeks? >> i am a bond guy, have to be careful talking about stocks. we are not looking for that kind of an increase in rates, maybe 240 on the 10-year period that is not a headwind for the economy. dagen: what do you see, or do you see a change in attitude among investors, greater willingness to own stocks at this point and maybe some worr
FOX Business
Mar 19, 2013 11:00am EDT
in awash -- washington. one of the top issues we saw in the presidential election, mitt romney very vocal about the fact we cannot trust the chinese. our viewers care about that. do you think we'll get answers? >> as you know, administration has said that china has made progress on the issue of currencie currencies. i think 10 or 15% according to the former treasury secretary on an inflation adjusted basis so -- but they do want more and congress is, of course, aldz watching this issue because it does affect the trrde imbalance between the united states and china so definitely always a major topic in these discussions. cheryl: right. i can't believe we're still talking about it so many years later. peter barnes, thank you very much and watching our new treasury secretary in china. thank you. >> okay, cheryl. cheryl: yoga pants. yes, i'm talking about yoga pants. are they too sheer? that issue bringing down shares. charles payne will join me whether this is a buying opportunities for a once high flying yoga athletic maker. and tax pain. are the rich already paying more than their fair shar
FOX Business
Mar 20, 2013 1:00pm EDT
% but pulled back a bit here. several board members are facing opposition in their bids for re-election. there is plenty of controversy surrounding the company. most recently its acquisition of british software company autonomy. hp accused the company of improper accounting. hp took a $8.3 billion write-down on the deal last year. hp is standing by its board and shares regained some of lost value attributed to ceo meg whitman. hewlett-packard is up 6 cents. melissa: coming up tonight on "money", i'm breaking down all of the top issues affecting your money, the fed, minimum wage, unemployment and the economy. this is landry's ceo. a fantastic guest. we'll be talking about all those things. whether raising the minimum wage is good idea. he operates so much restaurants. all that coming up today at 5:00 p.m. eastern. lori: i will take notes. that is a lot of info to digest. coming up next we're in wait and see mode. will the fed do anything to change its stimulus plan or make any hints about those future plans? full coverage of the fed's statement and economic projections straight ahead. re
FOX Business
Mar 22, 2013 11:00am EDT
since the election, since december. and part of that is because he has been playing tax increases. he tries to divide people and then raises taxes. he's not threatening to raise taxes on everyone. many of the taxes to pay for obamacare had all americans. it's not targeted just a few people. politicians play trickle-down taxation. this said it will tax the rich and it trickles down to tax everybody. americans have begun to figure that out. cheryl: corporate tax rate. paul ryan 1725%. you think will happen? >> eventually will because it has to because the european average is 25%. or a 35%. obama has raised taxes on subchapter s companies that pay smaller firms and some bigger ones that. the individual rate up to 44%. europe said 25. we're 35 and 44. this is one of the reasons we're not as competitive. as a self-inflicted wound. cheryl: one of the big issues that we will talk about later on is the changes and obamacare affecting taxpayers for next year, 2013 return. i know paul ryan wants to repeal obamacare. that doesn't happen. do you think cut medicare tax, excise tax can be addressed
FOX Business
Mar 25, 2013 11:00am EDT
their way. in the last few elections democrats have been more effective. sandra: thank you very much, carl. full house resorts has revenue up 3% in the state of nevada. c.e.o. tells us why his company is a good bet for investors. dennis: and the lessons we can learn from third world economies. ways to particular start our own from the dean of n.c.u.'s stearn school of business. it's monday. a brand nestart. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. gives you 1% cash back on all purchases, plus a 50% aual bonus. and everyone but her... no. no! no. ...likes 50% more cash. but i don't give up easy... do you want 50% more cash? yes! yes?! ♪ [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for peo
FOX Business
Mar 18, 2013 1:00pm EDT
, germany and france are the backstop. they have election coming up in germany. they don't want to be seen to the voters helping oligarchs from russia in greece, cyprus, rather. tracy: good stuff. adam: emac, thank you very much. tracy: let's keep talking about this story because the cyprus shocker comes as u.s. markets have been on a record run. how will the new european fears impact the rally? let's bring in jeff klinetop, lpl chief financial strategist. jeff, i'm glad you're here. who thought a country with the gdp size of vermont could affect my 401(k) when i woke up this morning. >> right. it's sign all it takes when you have a little catalyst with some factors weighing on the market. we've got high gasoline prices, slowing earnings growth. fiscal cliff issues. adding fleece new europe concerns not that there were already a lot of european concerns with what is going on in italy and france back in the recession and greece. this just adds to all of that. all it takes as they say one straw to break the camel's back. tracy: we got caught up here in the states with all the nonsense going
FOX Business
Mar 19, 2013 1:00pm EDT
are from cyprus. melissa: since his election in 2002, the new york city mayor michael bloomberg has initiated a number of health proposals. now he is proposing to ban cigarettes from being displayed in his stores. they're hiding cigarettes. is that going to prevent people from smoking or is this another instance of mayor bloomberg's big government meddling? let's get the verdict from judge napolitano. andrew napolitano. >> i'm chuckling a little bit. this follows nicely from nicole's wonderful interview with the trade representative from cyprus. the same mentality it can just steal 10% of what you have in your bank account, thinks it can tell you how to live and take care of your body rather let you have free choices. melissa: you say this is freedom of speech issue. how where cigarettes are displayed about speech? >> great question. the supreme court held that commercial speech, speech that invites a commercial transaction, i have this watch here for sale, how much will you give me for it, example of commercial speech is protected speech. if you're selling a law full product you ha
FOX Business
Mar 21, 2013 1:00pm EDT
earnings will be after elect -- affected by 11 to 12 cents a share in the current quarter. 1% of the pants they had to pull off the shelves because material was too thin t will have big impact on lululemon. outlook is in question. nike after the bell tonight. year-to-date chart it is only up 4%. it is definitely not keeping up. the stock is down 2%. adam and i will bring it to you after the bell tonight. this will be a big one to watch. nike sets the tone whether or not consumers are ouu there buying sort of above just the necessity. nike is a higher end sneaker maker that is out there. by the way, guys looking for the numbers. we don't have them. 67 cents a share expected for nike. that would be down. so the there is some negative momentum heading into earnings after the bell. back to you. tracy: my stock is up, because my son buys sneaker like he is going to -- bless that kid. i'm telling you. adam: there was a generation grew up on adidas. they say adidas over in europe. nike, adidas, sandra smith. >> i like nike. tracy: what could be better, nice eearnings after the bell at 4:00. tracy
Search Results 0 to 8 of about 9